Maple Finance Integrates with Morpho for Enhanced SyrupUSDC Borrowing
Maple Finance Integrates with Morpho for Enhanced SyrupUSDC Borrowing
🍁 Maple's Sweet New Deal
Maple Finance has integrated with Morpho Labs to enable borrowing against SyrupUSDC. The new feature is now live with USDC borrowing available through Gauntlet and MEV Capital vaults.
Key features:
- Supply SyrupUSDC as collateral (~11-12% yield)
- Borrow USDC at ~56% rate
- Mint new SyrupUSDC
- Potential for ~5% additional yield per cycle
Users can access the borrowing feature at Morpho's platform.
Maple is joining the Morpho Ecosystem, enabling borrowing against SyrupUSDC
SyrupUSDC/USDC is now live on @MorphoLabs, with $USDC ready to borrow from @gauntlet_xyz and @MEVCapital vaults 1. Supply SyrupUSDC as collateral earning (~11-12%) 2. Borrow USDC (~5–6%) 3. Mint SyrupUSDC 4. 🔁 Additional ~5% yield each time, link to borrow below ↓
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